LLC CostsMI

Michigan LLC Costs 2026: $50 to Form + $25/yr Annual Statement

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DR
CPA · Small Business Compliance Specialist

Quick Answer

Forming an LLC in Michigan costs $50 for the Articles of Organization—one of the lowest formation fees in the country. The annual statement fee is $25, due by February 15 each year, with a $50 late penalty if it is received after that date. Michigan has no franchise tax for LLCs, and pass-through taxation means LLC members pay state income tax at the 4.25% rate.

Key Takeaways

  • LLC formation filing fee: $50 (one of the lowest)
  • Annual statement fee: $25, due February 15
  • Late penalty: $50 if the statement is received after February 15
  • No franchise tax for LLCs
  • State income tax: 4.25% flat rate
  • File through LARA (Michigan Licensing and Regulatory Affairs)
ItemCost/DetailsNotes
Articles of Organization$50One-time formation fee
Annual Statement$25Due February 15 each year
Annual Statement Late Penalty$50If received after February 15
Restoration of Good Standing$50Plus overdue annual statements
Registered Agent$0-$200/yearFree if you self-serve
Foreign LLC Registration$50For out-of-state LLCs (Form 760)
Certificate of Good Standing$10Per document

Formation Costs

Forming an LLC in Michigan requires filing Articles of Organization (Form CSCL/CD-700) with LARA (Michigan Licensing and Regulatory Affairs). Michigan has some of the lowest formation fees in the country. For every Michigan deadline and fee in one place, see the Michigan LLC state hub.

Required Fees

FilingCostNotes
Articles of Organization$50Required, one-time
Registered Agent Designation$0Included in Articles
Name Reservation (optional)$25Holds name 6 months

Affordable: At $50, Michigan has one of the lowest LLC formation fees in the United States. Compare this to Texas ($300), California ($70), or New York ($200).

Processing Times

  • Standard processing: 3-5 business days
  • Expedited (24-hour): Additional $50
  • Same-day processing: Additional $100
  • Online filing: Generally faster

Annual Fees and Statement

Every Michigan LLC must file an annual statement with LARA. This is your primary recurring compliance requirement.

Annual Statement Details

  • Filing fee: $25
  • Due date: February 15 each year
  • Filing method: Online through LARA or by mail
  • Late penalty: $50 if the statement is received after February 15
First-year note: An LLC formed after September 30 is not required to file an annual statement on the February 15 immediately following formation—its first statement is due the next February 15.

Early deadline + late penalty: February 15 is earlier than most states, and LARA adds a $50 penalty to the $25 fee if the statement arrives late. Set a reminder in January so you avoid the penalty. After two consecutive missed statements, the LLC loses good standing by operation of law and restoration costs $50 plus the overdue statements.

Michigan LLC Taxes

Pass-Through Taxation

Default: Pass-Through Tax Treatment

Michigan LLCs are treated as pass-through entities by default. Profits pass through to members, who report them on their personal Michigan tax returns.

Michigan State Income Tax

  • Rate: 4.25% flat rate
  • Applies to: All taxable income
  • LLC members: Pay on their share of LLC profits

No Franchise Tax

Michigan does not impose a franchise tax on LLCs. Your only required state fee is the $25 annual statement.

Corporate Income Tax (If Applicable)

If your LLC elects C-corporation taxation:

  • Rate: 6% Corporate Income Tax (CIT)
  • Filing threshold: Taxpayers with under $350,000 in apportioned gross receipts (or $100 or less in liability) are not required to file or pay the CIT
  • Filing: Michigan CIT Annual Return

Sales Tax

  • State sales tax: 6%
  • No local sales tax: Michigan doesn't allow local additions
  • Must register with Michigan Department of Treasury

Other Business Costs

Registered Agent Costs

OptionAnnual CostBest For
Serve as your own agent$0MI residents available during business hours
Basic agent service$50-$99Privacy protection
Full-service agent$100-$200Compliance alerts included

Total Cost Breakdown

First Year Costs

ExpenseMinimumTypical
Articles of Organization$50$50
Registered Agent$0$100
First Year Total$50$150

Annual Ongoing Costs

ExpenseMinimumTypical
Annual Statement$25$25
Registered Agent$0$100
Annual Total$25$125

Cost-Saving Tips

1. File Online

Use LARA's online filing system. It's faster and provides immediate confirmation.

2. File Before February 15 to Avoid the $50 Penalty

Michigan's deadline is earlier than most states, and missing it adds a $50 late penalty to the $25 fee—tripling your annual cost. Set a reminder in early January.

3. Be Your Own Registered Agent (If Appropriate)

If you're a Michigan resident with consistent availability, serving as your own agent saves $50-$200/year. See whether you can be your own registered agent in Michigan and the full Michigan registered agent requirements before deciding.

For deadlines, restoration steps, and the rest of your ongoing obligations, see our Michigan LLC compliance guide and the Michigan LLC state hub.

Bottom Line: Michigan is one of the most affordable states for LLC ownership. At $50 to form and $25/year to maintain, you can have a legally formed LLC for less than $100 in the first year if you serve as your own registered agent—just file the annual statement on time, because a late filing adds a $50 penalty.

Frequently Asked Questions

What is the total cost to form an LLC in Michigan?

The minimum cost to form a Michigan LLC is just $50 for the Articles of Organization—one of the lowest in the country. With a registered agent service ($50-$200/year), expect first-year costs of $100-$250. Annual costs are only $25 plus any agent fees.

Does Michigan have a franchise tax for LLCs?

No, Michigan does not impose a franchise tax on LLCs. The only recurring state fee is the $25 annual statement. This makes Michigan one of the most affordable states for LLC maintenance.

When is the Michigan LLC annual statement due?

The annual statement is due by February 15 each year. Note that this is earlier than most states. The filing must be completed through LARA (Michigan Licensing and Regulatory Affairs).

What happens if I file my Michigan annual statement late?

Michigan charges a $50 late penalty if your annual statement is received after the February 15 due date, on top of the $25 filing fee. Continued failure to file also affects your LLC's good standing—after two consecutive missed annual statements the LLC loses good standing by operation of law, and restoring it requires a $50 Certificate of Restoration of Good Standing plus the overdue statements.

Do Michigan LLCs pay state income tax?

Michigan LLCs are typically pass-through entities. Profits pass through to members who pay at Michigan's flat 4.25% income tax rate. If the LLC elects C-corp taxation, it pays the 6% Corporate Income Tax.

Is Michigan a good state to form an LLC?

Michigan is excellent for LLC formation due to its extremely low fees ($50 formation, $25 annual), no franchise tax, and straightforward compliance. It's one of the most affordable states in the country for LLC ownership.

How much is the Michigan LLC annual statement fee?

The Michigan LLC annual statement fee is $25 per year. If you file after the February 15 deadline, LARA adds a $50 late penalty. Even so, the $25 base fee is one of the lowest annual fees of any state.

Where do I file the Michigan LLC annual report?

You file the Michigan LLC annual statement online through LARA (Michigan Licensing and Regulatory Affairs) at michigan.gov/lara. You can also file by mail, but online filing is faster and provides immediate confirmation.

Official Source

For the most up-to-date information, always verify requirements with the official Michigan Secretary of State website:

https://www.michigan.gov/lara

Important Disclaimer

This article is for informational purposes only and does not constitute legal advice. LLC requirements, fees, and deadlines change frequently. Always verify current requirements with your state's Secretary of State office before making business decisions.

Related Michigan LLC Articles

Complete Michigan LLC Compliance Guide

View all Michigan LLC requirements, fees, and deadlines in one place.

View MI State Guide

Or compare Michigan to every state on the annual report deadlines hub.